Mike Ciampa's (mikeciampa) Blog

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Real Estate Broker/Owner - 92101 Urban Living
RECENT BLOG POSTS
As many of you know…improvements are being made to Lindbergh’s International Airport in Downtown San Diego. The article, Airport’s Green Build Reaches Halfway Point, posted by the San Diego Business Journal outlines the progress being made and the overall goal of the project. According to the Sa...
05/01/2012
Downtown San Diego has the last couple of months seen developer sales come to an end and therefore having resale's take over a big part of the inventory. As of today, 178 Downtown San Diego Condos and Downtown San Diego Lofts are for sale. Even though we are experiencing a super low number of in...
05/01/2012
Downtown San Diego is always looking for different ways to become more environmentally friendly. With new construction being done just south of the Broadway Pier in the Marina, steps are being taken to lower emissions of the bay tour operators. According to the article “Port Bay Tour Operators In...
05/01/2012
The Daily Real Estate News featured an article, “Low-ball Offers a Thing of the Past?”, showcasing the fact that the Real Estate Market received a lot of low-ball offers in 2011. The numbers of low-ball offers are turning around and buyers are now offering a purchase price closer to the asking p...
05/01/2012
  Downtown San Diego has some of the most scenic and beautiful views in all of Southern California while still having a bustling urban atmosphere with sunshine for most of the year. Investors wanting to change to a warmer climate would be hard pressed to purchase a better investment than Downtown...
05/01/2012
The graph above is showings us the average sale price for Downtown San Diego Condos and Downtown San Diego Lofts for January compared to February of 2012. Downtown San Diego is starting to see an increase in the average sale price. As you can see, Februry's sale price is slightly higher compared...
05/01/2012
As an overall industry standard, most lenders require you pay a 20% down payment. However there is an alternative for Downtown San Diego Condo and Downtown San Diego Loft homebuyers that require only 3.5% down. The Downtown San Diego Real Estate Market has 175 active homes available and out of t...
05/01/2012
During these harsh economic times, distressed real estate such as foreclosures and short sales are something we see a lot of today in the Downtown San Diego Real Estate market. Millions of American, during the last couple of years, have not been able to keep up with their mortgage payments and h...
05/01/2012
VA will be making some changes for the New Year and on January 1st, 2012 the maximum loan for 100% financing will be lowered to $477,000 in Downtown San Diego including San Diego County. Riverside County will remain at $417,000 but Orange County will reduce where the maximum loan for the 100% fi...
05/01/2012
Home buyers interested in Downtown San Diego Real Estate are in a great position as mortgage rates continue to drop. There are many different options out there for investors of this urban community as Downtown San Diego has 6 unique residential neighborhoods that offer something different depend...
05/01/2012
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